You could buy three outback houses for the price of this garage

A double garage in London has hit the market for an eye-watering price.

The garage sits below a block of flats on a “prestigious road” in Clapham, an affluent suburb in the city’s south-west. 

It is for sale with an asking price of £150,000 ($311,000). 

For that sum, you get a 46-square-metre rhombus of empty space which can fit up to three cars. 

Adjacent to the bright blue garage door is a row of green wheelie bins. Above them, a sign in all caps warns: ‘No parking’.

The listing by Noble Estates London bills it as a “rare opportunity” to acquire a garage “in close proximity to the charming local shops, wine bars, and restaurants in Clapham Old Town”. 

While the $311,000 price tag may sound steep, it does not appear to be putting off London buyers. 

A spokesperson for Noble Estates told local news outlet KentLive demand for garages in the neighbourhood is “strong”. 

“We have sold 20 garages over the last 18 months,” they said. 

“Space is always a premium in London, which people are prepared to pay for.” 

For the price of the garage, you could buy three houses in Australia’s cheapest town, Coober Pedy. 

The median house price in Coober Pedy is $85,000, according to Domain’s June 2025 House Price Report. 

Traditional above-ground houses tend to be cheaper than dugouts, which are sought-after for their natural cooling properties. 

While outback houses may come cheap, Australians have not escaped the trend of paying big bucks for parking spots. 

Last year, a buyer paid $500,000 for a one-car garage in Woollhara in Sydney’s Eastern Suburbs. 

Parking spaces are especially sought after in beachside suburbs like Bondi, where lock-up garages have been listed for up to $300,000. 

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